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Chiquita Brands

COMPANY

Corporate ancestry dates back to the 1871 introduction of bananas to the United States by importer Lorenzo Dow Baker and, in 1872, by railroad magnate Minor C. Keith. Baker's efforts were incorporated in 1885 as the Boston Fruit Company, and the competitors merged in 1899 as United Fruit Company. Absorbed Cuyamel Fruit Company in 1930. Renamed United Brands in 1970, and Chiquita Brands International in 1990. Owns Atlanta AG, Frupac, Mundimar, Solar Aquafarms.

CBI has apologized for human rights violations across Central America, and acknowledged lending its ships for use in the U.S.-backed overthrow of Guatemalan government in 1954 and the failed "Bay of Pigs" invasion of Cuba in 1961. More recently the company is alleged to have paid multi-million-dollar bribes to terrorists and supported death squads in countries where its bananas are grown.

Official Website:
http://www.chiquita.com/

Industry:
Food

Ticker:
NYSE:CQB

Corporate headquarters:
Cincinnati, OH

Sales:
$3.9B (2005)

Employees:
25,000

EXECUTIVES

NameOccupationBirthDeathKnown for
Fernando Aguirre
Business
1958   President and CEO, Chiquita Brands
Robert W. Fisher
Business
c. 1937   President of Dole Food, 1986-90
Cyrus F. Freidheim
Business
c. 1936   CEO of Sun Times Media Group, 2006-09
Joe Hagin
Government
6-Jan-1956   White House Deputy Chief of Staff, 2001-08
Carl H. Lindner
Business
22-Apr-1919 17-Oct-2011 Cincinnati billionaire

CURRENT BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
Fernando Aguirre
Business
1958   President and CEO, Chiquita Brands
Howard W. Barker, Jr.
Business
c. 1947   Former Partner, KPMG
William H. Camp
Business
c. 1948   EVP at Archer Daniels Midland, 2003-07
Robert W. Fisher
Business
c. 1937   President of Dole Food, 1986-90
Clare M. Hasler
Educator
c. 1957   Director, Robert Mondavi Institute
Durk I. Jager
Business
c. 1944   CEO of Procter & Gamble, 1999-2000
Jaime Serra Puche
Government
11-Jan-1951   Mexican Secretary of Trade, 1988-94
Steven P. Stanbrook
Business
c. 1957   Executive at S. C. Johnson & Sons

PAST BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
Morten Arntzen
Business
c. 1955   CEO of Overseas Shipholding Group
Jeffrey D. Benjamin
Business
c. 1961   Apollo Management
Cyrus F. Freidheim
Business
c. 1936   CEO of Sun Times Media Group, 2006-09
Roderick M. Hills
Business
9-Mar-1931 29-Oct-2014 SEC Chairman, 1975-77
William W. Verity
Business
c. 1958   ENCOR Holdings


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